1,605

15

9-18% APR

Featured Borrower

32 year old Lalam Vaiphei is a mother of a 8 year old son and a 6 year old daughter. Hailing from S.Kotlian village in Churachandpur, Manipur, she has been involved in the traditional bamboo craft of weaving stools called Mora. The stools that she weaves are in great demand as they are comfortable to sit on and are affordable as well as durable. These stools are also used widely for household use and also for occasions. Lalam Vaiphei now wishes to upgrade the business and take a loan of Rs 12000 from Rang De to purchase plastic wire of different colours, locking wire, rubber tyre, bamboo and cane etc. A ready stock of raw materials will ensure that she can increase her production and thereby hope to earn bigger profits. read more

Still Needs : Rs.3,700

Raised: Rs. 8,300

Loan Amount : Rs. 12,000

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"Rang De is a non-profit initiative that facilitates social investments in borrowers across India. Since the loans are given to borrowers from low income households and
are collateral free, Rang De does not guarantee either the principal or the return. However Rang De shall endeavour to facilitate collection of payments
from the impact partners to the best of its ability."